Affirm Stock Rises on Earnings Beat and Shopify Australia Expansion
Affirm Holdings reported fiscal fourth-quarter results on August 27, 2026, that exceeded Wall Street expectations on both revenue and transaction volume, sending its stock sharply higher the following day. The buy-now-pay-later company also announced a strategic expansion with Shopify into Australia and provided an optimistic outlook for the coming fiscal year. For the three months ended June 30, 2026, Affirm posted revenue of $1.17 billion, a 33% increase from the prior year and above analyst estimates of $1.11 billion. Gross merchandise volume, the total dollar value of transactions processed on its platform, climbed 36% to $14.1 billion, surpassing the $13.39 billion consensus forecast.
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